Erie Investment Analysis

Investment Property in Erie, MI

Erie, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 164,550

Median

1,196

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

4

Investment

23

Airbnb

N/A

Traditional

54%

Airbnb occupancy rate

Erie, MI Properties Rental Prices

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Airbnb Vacation Rentals in Erie, MI

Modern cottage on the lake w/ 2 kayaks & game room
$153 per night Airbnb occupancy rate 54%
Cottage 2 · 1 · 5
Rental Income: $2,512 per month
5
374
1)Lake Garden Chalet/Pool /HotTub/ POOL OPEN!
$149 per night Airbnb occupancy rate 84%
Cottage 3 · 2 · 8
Rental Income: $3,824 per month
5
340
Mrs B’s Nest! Country life w/city convenience
$80 per night Airbnb occupancy rate 81%
House 3 · 2 · 6
Rental Income: $1,987 per month
5
211
4) Lakefront Garden Cottage /Pool OPEN!
$114 per night Airbnb occupancy rate 77%
House 1 · 1 · 4
Rental Income: $2,670 per month
5
157
5) Lake House Lodge  Pool/HotTub/ POOL OPEN
$153 per night Airbnb occupancy rate 80%
House 3 · 2.5 · 8
Rental Income: $3,736 per month
5
136
6) Lakefront /Pool/Hot Tub/kayaks/Canoe/POOL OPEN
$168 per night Airbnb occupancy rate 86%
Cottage 4 · 2 · 8
Rental Income: $4,410 per month
5
118
Actual Pretty Boy Floyd's Hideout Lake Erie MI
$162 per night Airbnb occupancy rate 46%
House 2 · 1 · 4
Rental Income: $2,282 per month
5
92
Halfway Creek Cottage with Lake Erie access
$91 per night Airbnb occupancy rate 67%
House 1 · 1 · 5
Rental Income: $1,860 per month
5
51

Real Estate Investment Analysis - Other Cities in michigan

City Name Property price Cash on cash return Rental Income No. of Properties Airbnb Occupancy Rate
Median traditional Airbnb traditional Airbnb
Holt $282,400 5% 7% $1,897 $2,328 20 75%
Wixom $451,894 4% 7% $2,648 $4,122 30 73%
Walled Lake $314,900 4% 6% $2,313 $3,235 33 72%
Trenton $247,450 5% 9% $1,774 $3,817 30 71%
Grosse Ile $457,450 4% 10% $2,729 $3,739 24 70%
Riverview $189,900 6% 9% $2,512 $3,272 17 69%
Farmington $289,900 4% 6% $1,530 $2,591 15 68%
Wyandotte $172,500 5% 7% $1,370 $2,128 40 67%
Milford $499,900 4% 5% $3,366 $4,214 51 65%
Fowlerville $310,000 5% 11% $2,302 $1,841 17 64%
Lincoln Park $145,000 7% 11% $1,395 $2,598 62 62%
Highland $479,950 3% 5% $2,692 $4,214 42 61%
Haslett $424,900 3% 5% $2,492 $3,410 21 61%
Garden City $210,000 5% 5% $1,675 $2,236 39 60%
Okemos $470,000 3% 3% $2,568 $3,625 27 59%
Mount Clemens $199,900 6% 8% $1,629 $2,708 29 57%
Clinton Township $269,900 5% 4% $2,102 $2,247 145 57%
Lake Orion $489,900 4% 5% $2,792 $3,512 61 52%
Traverse City $469,000 3% 6% $2,446 $4,582 411 51%
Redford $203,500 6% 5% $1,724 $2,117 246 48%
View all michigan cities

Vacation Rentals for Sale in michigan

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